Gabelli Multimedia Trust
GGT
29 hedge funds and large institutions have $17.9M invested in Gabelli Multimedia Trust in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 9 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
1.03% less ownership
Funds ownership: 9.17% → 8.14% (-1%)
12% less capital invested
Capital invested by funds: $20.4M → $17.9M (-$2.48M)
19% less funds holding
Funds holding: 36 → 29 (-7)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$247K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$239K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$153K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$126K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$99.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$794K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$699K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$584K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$494K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$247K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
26
Howe & Rusling
Rochester,
New York
| $8K | – | – | – |
|
|
BBPWM
27
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $5K | – | – | – |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | +$83 | +9 | +2% |
|
|
PMFA
29
Plante Moran Financial Advisors
Southfield,
Michigan
| $3K | – | – | – |
|
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$794K | -86,727 | Closed |
|
|
CRC
31
Curi RMB Capital
Chicago,
Illinois
| – | -$699K | -76,328 | Closed |
|
|
RJA
32
Raymond James & Associates
St Petersburg,
Florida
| – | -$584K | -63,779 | Closed |
|
|
DA
33
Doliver Advisors
Houston,
Texas
| – | -$494K | -53,985 | Closed |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$247K | -27,001 | Closed |
|
35
Creative Planning
Overland Park,
Kansas
| – | -$25K | -2,774 | Closed |
|
|
DADC
36
D.A. Davidson & Co
Great Falls,
Montana
| – | -$1K | -203 | Closed |
|
|
PFSC
37
Peoples Financial Services Corp
Dunmore,
Pennsylvania
| – | -$2K | -203 | Closed |
|
GGT Hedge Fund Activity: Q2 2015 in Review
29 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q2 2015, worth a combined $17.9M — down 12% from $20.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GGT and 2 opened new positions — a net loss of 7 holders — while 8 trimmed existing stakes and 11 added.
The largest buyer was Wolverine Asset Management, adding an estimated $247K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $794K sold.
- 29 institutional investors held Gabelli Multimedia Trust (GGT) as of Q2 2015, down from 36 in Q1 2015.
- Funds reported $17.9M of Gabelli Multimedia Trust stock for Q2 2015, down 12% quarter-over-quarter.
- 2 funds opened new Gabelli Multimedia Trust positions in Q2 2015 and 9 closed out, a net change of -7 holders.
- The largest Gabelli Multimedia Trust buyer in Q2 2015 was Wolverine Asset Management, an estimated $247K added.
- The largest Gabelli Multimedia Trust seller in Q2 2015 was Susquehanna International Group, an estimated $794K sold.
Based on aggregated 13F filings for Q2 2015.